SP, well I hope so. Others have bought put options to place a floor beneath the price, which I understand is expensive, especially when you try and go out more than a couple of years into the future. I know that the bankers all reflexively say, "hedge".
And who knows? If I was from IGR and somebody asked, I wouldn't tip them that we were planning a capital raising mid-year which might double the issued capital. Imagine what that would do the share price? Look what a retail offer has done over the past month.
Anyway, I'll hold for the moment and wait and see. Three months is a long time in the markets, at the moment.
IGR Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held